Consensus Mechanisms: What Are They and What Are the Pros and Cons for Each Different Method?
Discover the consensus mechanisms in the world of blockchain and cryptocurrency: PoW, PoS, PoA, DPoS, PoC, PoET, and PoB.
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A decentralized application - or dApp - uses blockchain technology to address use cases ranging from investing to lending to gaming and governance. While dApps may resemble web applications in terms of user experience (UX), dApp's back-end processes avoid centralized servers to conduct transactions in a distributed and peer-to-peer manner. Instead of using the central Hypertext Transfer Protocol (HTTP) to communicate, dApps rely on wallet software to communicate with automated smart contracts on networks such as the Ethereum blockchain.
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Read moreProof of Stake (PoS) is one of the most widely used blockchain consensus mechanisms...
Read moreDiscover the consensus mechanisms in the world of blockchain and cryptocurrency: PoW, PoS, PoA, DPoS, PoC, PoET, and PoB.
Read moreLately, we've been hearing more and more about zk rollups as the ideal solution to Ethereum's scalability problem. Learn more about ZK rollups and why they matter here.
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